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the president and the house speaker john boehner finally spoke yesterday by phone. they have both agreed to keep the details of the discussion under wraps. they're both standing firm on the tax hike, their positions on the tax hikes for the top 2%. listen. >> the revenues we're putting on the table are going to come from, guess who? the rich. >> once republicans acknowledge that rates are going up for top earners, we believe that an agreement is very achievable. >> kate balduan is in washington, d.c., this morning. so that's kind of a depressing thing, when just the advent of a phone conversation between the two top dealmakers is the headline, isn't it? >> i could not agree with you more. the fact that they spoke, but the fact that there's no progress, and that's a headline. i mean, if we want to take anything from it, any significance, it's the first time they've talked in a week. take that what you will. it's almost like hope springs eternal, but we are a long way from a deal still. neither side, as you said is giving on their basic position. president obama conti
the president and the house speaker john boehner finally spoke yesterday by phone. they have both agreed to keep the details of the discussion under wraps. they're both standing firm on the tax hike, their positions on the tax hikes for the top 2%. listen. >> the revenues we're putting on the table are going to come from, guess who? the rich. >> once republicans acknowledge that rates are going up for top earners, we believe that an agreement is very achievable. >> kate...
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Dec 1, 2012
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john boehner was. congress' approval ratings seemed to go up because everybody seems so conciliatory. is this going to get done? >> i very rarely admit that i was wrong, but i'm starting to get worried that maybe i was wrong. that these sides are further apart now than they were two weeks ago, which is hard to believe. i think this is going to get done. i don't think we're going to go over the fiscal cliff. republicans have put some proposals on the table moving in barack obama's direction. i don't know exactly what the game that tim geithner was playing yesterday. not only, and thank you, erin, for getting some of this math right. the president said 2.5 for every tax increase and yesterday he came up with $4 of new taxes for every dollar of spending cuts. that's when john boehner simply said we're nowhere. >> ethan, don't the republicans if they want to break this stalemate, maybe what the president's doing is saying these are the cuts i want to make, so guys, why don't you come up with the rest? >> i
john boehner was. congress' approval ratings seemed to go up because everybody seems so conciliatory. is this going to get done? >> i very rarely admit that i was wrong, but i'm starting to get worried that maybe i was wrong. that these sides are further apart now than they were two weeks ago, which is hard to believe. i think this is going to get done. i don't think we're going to go over the fiscal cliff. republicans have put some proposals on the table moving in barack obama's...
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Nov 29, 2012
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if the republicans give on raising taxes, and we know that skr john boehner and a lot of republicans have said they don't want to raise taxes on people making over $250,000 a year. but if they're willing to do that, they will certainly want something significantment in terms of entitlements. but the deal that's being talked about would delay the cuts for 10 to 20 years. do you think they would buy that is th is this. >> i think the detail we're talking about is not something we've gotten into yet. the president has in his own budget that he's proposedoff $300 billion in health savings. but democrats don't want to simply transfer rising health care costs on to the backs of seniors. that's what the republican proposals would do. what we want to do is lower the over all costs within the system. the president has a number of proposals to do exactly that. and so that's been the big difference. the difference republicans again saying they want to pass the bill on to senior citizens. democrats looking for ways to reduce costs in the system overall. >> would you be in favor of raising the el
if the republicans give on raising taxes, and we know that skr john boehner and a lot of republicans have said they don't want to raise taxes on people making over $250,000 a year. but if they're willing to do that, they will certainly want something significantment in terms of entitlements. but the deal that's being talked about would delay the cuts for 10 to 20 years. do you think they would buy that is th is this. >> i think the detail we're talking about is not something we've gotten...
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Dec 7, 2012
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john boehner has to let rates go up. i think that's right. whether or not it's to 37 or whether or not we raise the threshold from 250 to something like $500,000 at the point we call people rich, that's a possibility. i think the same thing exists on the entitlement side. there are things that president obama laid on the table in the summer of 2011 we keep talking about. democrats really do not like changes to the measure of inflation applied to social security benefits, and they really do not like raising the eligibility age for medicare. so there are other things that happen? can we scale back the generosity of the obama care subsidies? can we start means testing in additional ways in the medicare program? they have to get creative. >> they got it to get creative, zachary. this comes at the busiest time of the year for retailers and businesses. have you noticed any signs at this point that consumers are at all holding back this holiday season fearing we may go over the so-called fiscal cliff? >> there's a lot of news reports on consumers ho
john boehner has to let rates go up. i think that's right. whether or not it's to 37 or whether or not we raise the threshold from 250 to something like $500,000 at the point we call people rich, that's a possibility. i think the same thing exists on the entitlement side. there are things that president obama laid on the table in the summer of 2011 we keep talking about. democrats really do not like changes to the measure of inflation applied to social security benefits, and they really do not...
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thanks. >>> coming up, just in, republicans are trying to fire john boehner. he's leading their talks with the president but they want him out. we'll have that story. >>> and how about this, a gold medal winner heads to "politicsnation." gabby douglas is here to share her story. you won't want to miss this one. [ male announcer ] this december, remember -- what starts with adding a friend... ♪ ♪ ...could end with adding a close friend. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this is the pursuit of perfection. offering some of our best values of the year. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. tomato, obviously. haha. there's more than that though, there's a kick to it. wahlalalalallala! smooth, but crisp. it's kind of l
thanks. >>> coming up, just in, republicans are trying to fire john boehner. he's leading their talks with the president but they want him out. we'll have that story. >>> and how about this, a gold medal winner heads to "politicsnation." gabby douglas is here to share her story. you won't want to miss this one. [ male announcer ] this december, remember -- what starts with adding a friend... ♪ ♪ ...could end with adding a close friend. ♪ the lexus december to...
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Nov 29, 2012
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about to pay a call on house speaker john boehner. speaker boehner a key republican and after his meeting with geithner this morning, boehner said these urgent talks haven't moved forward in two weeks. keep in mind, they need to get it done by january 1st and here's boehner getting grumpy with cnn's kate baldwin. take a look. >> to this point, most -- most public statements have been optimistic, confident, hopeful. we're all sensing a very different tone from you right now. are you walking away from talks? have things completely broken down, mr. speaker? >> no, no, no. stop. i got to tell you. i'm disappointed in where we are and disappointed in what's happened over the last couple of weeks. but going over the fiscal cliff is serious business. and i'm here seriously trying to resolve it. and i would hope the white house would get serious, as well. >> all right. so once again, here are the cliff notes right here. republicans on the hill are demanding trillions of dollars worth of debt reduction. that's pretty much fine with democrats w
about to pay a call on house speaker john boehner. speaker boehner a key republican and after his meeting with geithner this morning, boehner said these urgent talks haven't moved forward in two weeks. keep in mind, they need to get it done by january 1st and here's boehner getting grumpy with cnn's kate baldwin. take a look. >> to this point, most -- most public statements have been optimistic, confident, hopeful. we're all sensing a very different tone from you right now. are you...
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Dec 5, 2012
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house speaker john boehner wants to cut the number in half. >> there are ways to limit deductions, close loopholes, and have the same people pay more of their money to the federal government. without raising tax rates. >> reporter: and the president today offered this warning to republicans. amid reports they may accept mr. obama's plan to extend tax cuts for most americans while allowing them to go up for the richest, and start the fight all over again during debt limit talks early next year. >> that is a bad strategy for america. it is a bad strategy for your businesses. and it is not a game that i will play. >> reporter: and brian, tonight, the white house is preparing in case the country does go over that fiscal cliff, budget officials have asked all federal agencies for information that they need in case of possible plans in case of those automatic spending cuts that could go in place in just 27 days. >> peter alexander at the white house for us tonight. thank you. >>> and up next, the loss today of a legend in american music. i put away money. i was 21, so i said, "hmm, i want to r
house speaker john boehner wants to cut the number in half. >> there are ways to limit deductions, close loopholes, and have the same people pay more of their money to the federal government. without raising tax rates. >> reporter: and the president today offered this warning to republicans. amid reports they may accept mr. obama's plan to extend tax cuts for most americans while allowing them to go up for the richest, and start the fight all over again during debt limit talks early...
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Dec 4, 2012
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>> john boehner's counteroffer was pathetic. even the tea party members are saying that it was pathetic. this republican party in the house pet better show courage or it's going to be voted out of power two years from. >> the president is going to have to do something big to get this done. there's been four years course of he doesn't get along with the party, he doesn't make the kind of effort that you're talking about. i don't think there's going to be any doubt that they have to find some interhuman connection moment na says we are doing this. >> let's get started. joining me is bob casey who is moderating the hearing on the fiscal cliff next week. sir, i start with the comparison of the two plans so everyone can see this. the gop plan through closing loopholes and no deductions and rate hikes, as we pointed out as exposed under the democratic plan. the republican plan includes more entitlements through republican reform and then eligibility age being raised than the gop plan including changes of social security not addressed
>> john boehner's counteroffer was pathetic. even the tea party members are saying that it was pathetic. this republican party in the house pet better show courage or it's going to be voted out of power two years from. >> the president is going to have to do something big to get this done. there's been four years course of he doesn't get along with the party, he doesn't make the kind of effort that you're talking about. i don't think there's going to be any doubt that they have to...
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Dec 7, 2012
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so john boehner trying to simplify things. he's asking top democrats and republica republicans to step aside so he can negotiate with the president one-on-one. it seems to be a request that everyone was able to live with. brianna keilar is live for us at the white house. if this is the case that everybody has been cleared out of the room, does that surprise you? it seems to make sense to me. >> reporter: it's not surprising at all. this is what observers of this process thought would happen all along. ultimately this was a process that would come down to president obama and house speaker john boehner brokering a deal. very much the way you saw they attempted to do during the debt ceiling debacle last year. it simplifies the problem of less cooks in the kitchen. then they will have to sell it. president obama would have to bring in democrats. john boehner would have to bring in his republicans and make sure everyone is on board. this comes on the heels of what has really been radio silence between the white house and house repu
so john boehner trying to simplify things. he's asking top democrats and republica republicans to step aside so he can negotiate with the president one-on-one. it seems to be a request that everyone was able to live with. brianna keilar is live for us at the white house. if this is the case that everybody has been cleared out of the room, does that surprise you? it seems to make sense to me. >> reporter: it's not surprising at all. this is what observers of this process thought would...
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>> i like the idea of the president, john boehner, the key players, getting together with no staff in the room. the second thing, they've got to be guided by a couple of things. number one, what is best for the nation? not my party, not my philosophy, not necessarily my politics. number two -- >> you'd like it one on one. >> editd' i'd like it one on on discuss specifics in a one on one way. second, they may agree there should be short-term steps and long-term steps, i think we can get there. the nation is counting on them doing something significant. >> saints/giants this weekend? >> i've got to go for the saints. i'm -- >> they both need a win. >> give me a break, giants fans, if you see me. >> mayor morial -- thank you. >>> netflix ceo getting a notice from the s.e.c. over his facebook posting. did he actually violate rules or are the regulators simply behind the ball when it comes to social media? >>> plus, former aol ceo steve case joins us. he'll outline his big plans to get america back to work and how to keep america great when it comes to innovation. all ahead on "power lunch
>> i like the idea of the president, john boehner, the key players, getting together with no staff in the room. the second thing, they've got to be guided by a couple of things. number one, what is best for the nation? not my party, not my philosophy, not necessarily my politics. number two -- >> you'd like it one on one. >> editd' i'd like it one on on discuss specifics in a one on one way. second, they may agree there should be short-term steps and long-term steps, i think...
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Nov 30, 2012
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house speaker john boehner talking yet again today about the lack of progress in talks with the president. this is a quote "there is almost no progress, but he is willing to move forward in good faith." consumer discretionary stocks have been the week links today. things like yum brands have been down on things like heavy volume. sale estimates missed. hy retail out of fashion once again. coach and tiffany in the red. they missed their earnings numbers. market does not like surprises. let's take a look at metal. gold down about $17. even as the dollar falls against the euro. perhaps, you can blame it on the fiscal cliff. you can mention that silver is down more tightly. lots of things going on in the markets. coming up just a little bbt later in the show, you have to see this. talk about optimism. michael milken. remember him in the 90s? he was a real rock star when it came to backing small entrepreneurial ideas and companies and then became huge. now, he is all about doing the same for medicine did helping patient in funding research by teaming up with the national institute of health. m
house speaker john boehner talking yet again today about the lack of progress in talks with the president. this is a quote "there is almost no progress, but he is willing to move forward in good faith." consumer discretionary stocks have been the week links today. things like yum brands have been down on things like heavy volume. sale estimates missed. hy retail out of fashion once again. coach and tiffany in the red. they missed their earnings numbers. market does not like surprises....
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will you call john boehner tomorrow morning and say mr. speaker, i think you should release that bill and allow republicans to show whether they are pledged to me or pledged to the united states. >> first of all, let's be serious. you know better than that. the pledge that congressmen and senators, governors, state legislators, take is to the american people. i know harry reid plays games and says me but you shouldn't do that. you're better than that. >> grover, answer my question. don't play games right now. will you -- do you think that they should actually vote -- >> i'll answer -- >> -- do you -- >> i will answer your question. we just had to take off the question the nonsense attack that i expect from harry reid. i will call mr. boehner tomorrow shortly after i call harry reid and ask him to make sure that the senate rules will allow open debate and open amendment and that he won't play games as he's been doing for the last four years, and when harry agrees to that, i will call boehner and ask him to alter house rules. >> okay. >> i'l
will you call john boehner tomorrow morning and say mr. speaker, i think you should release that bill and allow republicans to show whether they are pledged to me or pledged to the united states. >> first of all, let's be serious. you know better than that. the pledge that congressmen and senators, governors, state legislators, take is to the american people. i know harry reid plays games and says me but you shouldn't do that. you're better than that. >> grover, answer my question....
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Dec 6, 2012
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president obama and house speaker john baner -- john boehner spoke wednesday but publicly are holding firm on their positions. it's made clear the country could go over the cliff if congress fails to come to a agreement. the standoff and the country's skyrocketing debt concerned ryan ryan, so much so that he's the guy in the suit dancing gangnam style with former senator alan simpson. the can kicks back is working to get young people back to fixing the debt crisis. >> we're using humor to hook them in and get them to learn about this issue and understand how it affects their lives. >> reporter: the grass roots campaign wants to sign up more than two million people to put pressure on both sides. danielle nottingham, cbs news, washington. >>> 9news now is talking to our local congressional members about the fiscal cliff. and tonight at 7:00 p.m., maryland senator ben cardin will join derek mcginty in our studio. last night virginia democrat jerry connolly stopped by and the 11th district representative stressed that there is room for compromise on his party's side. >> it ought to be ope
president obama and house speaker john baner -- john boehner spoke wednesday but publicly are holding firm on their positions. it's made clear the country could go over the cliff if congress fails to come to a agreement. the standoff and the country's skyrocketing debt concerned ryan ryan, so much so that he's the guy in the suit dancing gangnam style with former senator alan simpson. the can kicks back is working to get young people back to fixing the debt crisis. >> we're using humor to...
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Dec 7, 2012
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president obama and john boehner. even all sides of the party are excluded. >>> with 25 days before taxes go up for nearly every single american, what effect will the jobs report have on the fiscal standoff? we'll get live remarks from john boehner who is going to try to use the jobs report to the republican's advantage. representative, let's start with the november jobs report numbers. they look very good, good news overall for the koirnlt tree. but speaker boehner said this, the democrats plan to slow walk our economy to the edge of the fiscal cliff instead of engaging in serious talks to avert the cliff, that includes spending cuts and tax reforms the president once supported. the white house has only offered a joke. i understand we have speaker boehner to the microphones. let's take a listen. >> when it comes to the fiscal cliff that's threatening our economy and threatening jobs, the white house has wasted another week. eight days ago secretary geithner came here to offer a plan that had twice the tax hikes that
president obama and john boehner. even all sides of the party are excluded. >>> with 25 days before taxes go up for nearly every single american, what effect will the jobs report have on the fiscal standoff? we'll get live remarks from john boehner who is going to try to use the jobs report to the republican's advantage. representative, let's start with the november jobs report numbers. they look very good, good news overall for the koirnlt tree. but speaker boehner said this, the...
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direct talks but only moments ago john boehner says there's no progress. >> the president has adopted a deliberate strategy to slow walk our economy right to the edge of the fiscal cliff. it's time for the president, if he's serious to come back to us with a counter offer. >> the president told a virginia family on thursday he won't back down on taxing the rich. >> just to be clear, i'm not going to sign any package that somehow prevents the top rate from going up for folks at the top 2%. but i do remain optimistic that we can get something done that is good for families like this one. >> the rebels gain on assad raising fears he might use chemical weapons. that was enough to frighten the russians into talking with hillary clinton about a political transition. >> the united states stands with the syrian people in insisting that any transition process re -- result in a unified democratic syria in which all citizens are represented. the future of this kind cannot possibly include assad. >> a tragic turn of events in london. the nurse that first transferred that prank call to duchess cat
direct talks but only moments ago john boehner says there's no progress. >> the president has adopted a deliberate strategy to slow walk our economy right to the edge of the fiscal cliff. it's time for the president, if he's serious to come back to us with a counter offer. >> the president told a virginia family on thursday he won't back down on taxing the rich. >> just to be clear, i'm not going to sign any package that somehow prevents the top rate from going up for folks at...
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john boehner is already ready for $800 billion of ip creancre tax revenue. calculating deductions, eliminating loopholes. are you with the speaker of the house on that? >> unfortunately, the policies of the president obama have already taken us over the cliff. if you meet with businesses like i do all the time, they already pared back plans and hiring for next year, anticipating what's going to happen. we can fix this christmas eve, if we want, but we've already hurt the economy and hurt job growth. >> are you with boehner? >> i am not with boehner. this government doesn't need any more money. this country needs less government. we are going to have historic levels of revenue to the government this year, but we've doubled spepding in the last ten years. >> everyone's taxes are going to go up at the end of the year if there's no deal. >> we have already offered to extend current tax rates. that's what we should have done six months ago until we could come to some agreement, some compromise on tax reform. >> when you say compromise, where are you ready to comp
john boehner is already ready for $800 billion of ip creancre tax revenue. calculating deductions, eliminating loopholes. are you with the speaker of the house on that? >> unfortunately, the policies of the president obama have already taken us over the cliff. if you meet with businesses like i do all the time, they already pared back plans and hiring for next year, anticipating what's going to happen. we can fix this christmas eve, if we want, but we've already hurt the economy and hurt...
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these negotiations are between two men, house speaker john boehner and the president. and once those two men agree, then they will take it to their folks. >> all right. kate balduan, live in washington. thank you. >> thanks, guys. >>> all right, recreational pot is now legal in washington state under a new law which took effect at midnight. adults can possess up to an ounce of marijuana legally. it's still against the law to grow pot or to sell it. but those celebrating the new normal are accentuating the positive. >> it's amazing. i'm not a criminal anymore. i can't go to jail for small amounts of marijuana, you know? it's -- i'm free to be free. >> the new law doesn't allow smoking in public places, just like alcohol, but police in seattle and across the state made an exception for overnight celebrations to ring in this new law. >>> so it's another public relations problem for penn state. the school's kai omega sorority is under investigation for stereotype i stereotyping latinos. pictures showed the sorority members in somberos with fake mustaches with signs that sa
these negotiations are between two men, house speaker john boehner and the president. and once those two men agree, then they will take it to their folks. >> all right. kate balduan, live in washington. thank you. >> thanks, guys. >>> all right, recreational pot is now legal in washington state under a new law which took effect at midnight. adults can possess up to an ounce of marijuana legally. it's still against the law to grow pot or to sell it. but those celebrating the...
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john boehner is really the only republican power in town. so a lot of people think that he's going to have to move toward the president. right now, he's showing absolutely no signs of that. but public opinion is definitely in the president's side. >> the president seems to be counting on here that if no deal is reached, the gop will get the blame from voters. is that the right calculation to make? >> absolutely. polls show that republicans would overwhelmingly be blamed if the united states goes over the proverbial fiscal cliff. and that's why president obama has an advantage, because he's willing -- he says, this is what he and his advisers say, he's willing to send the nation off of the fiscal cliff, letting all income tax rates to jump, spending cuts to take hold, investment income rates to jump. he's willing to do that. he thinks republicans would get the political blame. republicans, on the other hand, note that listen, the president's going to have to have another term where he's dealing with what's likely to be a deep recession as a r
john boehner is really the only republican power in town. so a lot of people think that he's going to have to move toward the president. right now, he's showing absolutely no signs of that. but public opinion is definitely in the president's side. >> the president seems to be counting on here that if no deal is reached, the gop will get the blame from voters. is that the right calculation to make? >> absolutely. polls show that republicans would overwhelmingly be blamed if the...
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Dec 4, 2012
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and john boehner is under a tremendous amount of pressure to look tough. they want to beat their chests and say we're standing up to barack obama before they have to cave. so that's why i think a lot of the negotiations are happening publicly. in the end it's going to be a private meeting and things are going to get done. >> john, do you agree? >> i do. i think both sides should probably be embarrassed at this point. we are not in the get it done stage. we're in the public relations campaign phase. both of the them have put forward less specificity than you would see in a $50,000 mortgage application yet we're talking about $2 billion. so i think both of them are trying to secure their position with the public and then we will see this get done as we get closer. >> so, john, let me ask you this, so will the republicans at any point say, well, we kind of have to raise taxes on the wealthiest americans to get a deal done? do you think that will happen eventually? >> well, let's not forget, in their plan they are raising the tax on the wealthy but they're doi
and john boehner is under a tremendous amount of pressure to look tough. they want to beat their chests and say we're standing up to barack obama before they have to cave. so that's why i think a lot of the negotiations are happening publicly. in the end it's going to be a private meeting and things are going to get done. >> john, do you agree? >> i do. i think both sides should probably be embarrassed at this point. we are not in the get it done stage. we're in the public relations...
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Nov 29, 2012
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is that what he laid down on the table for speaker john boehner today? reid told me -- no, there was no specific offer here today from geithner to the republican side. he said that the president of the united states made the democrats' over two weeks ago and there's been no new specific offer since then. i think that explains a little bit of why we saw this reaction from speaker john boehner a little while after he met with geithner. take a listen to how boehner described today's events. >> despite the claims that the president supports a balanced approach, the democrats have yet to get serious about real spending cuts. and secondly, no substantive progress has been made in the talks between the white house and the house over the last two weeks. >> sue, on a lighter note, it looks like there are negotiations going on up here. i just saw a plate of lunch being brought in to the room where we believe that secretary geithner is sitting right now. we're also seeing some of the aides go in and out of that room as well. so clearly deals are being crafted here.
is that what he laid down on the table for speaker john boehner today? reid told me -- no, there was no specific offer here today from geithner to the republican side. he said that the president of the united states made the democrats' over two weeks ago and there's been no new specific offer since then. i think that explains a little bit of why we saw this reaction from speaker john boehner a little while after he met with geithner. take a listen to how boehner described today's events....
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bill: john boehner, direct, to the point. you need a plan that can pass both the house and the senate. that's where we are right now on the fiscal cliff. december 5th is it? there it is on the calendar. quick break more of what eric cantor said just moments ago. martha: during his 42 years in congress brooks is best known for voting to significantly cut government spending and to pass several historic laws including the civil rights act of 1964. what a life. jack brooks, dead at 89. bill: 25 minutes past the hour. there could soon be a major shortage of primary care doctors. the journal of the medical american association says 22% of internal medicine residents are planning to become internal medicine doctors. what does this mean to you? marc siegl joins us now with the latest on this. doctor, nice to see you. >> good to see you. bill: what does it mean. >> i want to explain to our views out there exactly what an internal medicine doctor is. we always talk about primary care. primary care is a pediatrician, obstetrician, gyne
bill: john boehner, direct, to the point. you need a plan that can pass both the house and the senate. that's where we are right now on the fiscal cliff. december 5th is it? there it is on the calendar. quick break more of what eric cantor said just moments ago. martha: during his 42 years in congress brooks is best known for voting to significantly cut government spending and to pass several historic laws including the civil rights act of 1964. what a life. jack brooks, dead at 89. bill: 25...
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house speaker john boehner called white house efforts to make a deal preposterous. the republican counter we're hearing about which extends the bush tax cuts for everybody including the wealthiest americans won't get washington any closer to a deal. washington's reckless behavior is already having serious economic consequences. i'm going to show you how and make sure you understand the truth about that raising taxes would mean for the economy, but first, set aside the doom and gloom of the fiscal cliff for a moment, let's look at today's money menu. check out auto sales up big in november. sales of gm cars were up 3.4%. ford saw a 6.5% jump in sales and chrysler shot up 14%. u.s. autos are on track to see their best sales month nationwide since february of 2008 as the big three continues to put the auto bailout in the rear view mirror. ford never took the bailout money from the government. what's sibehind the surge in au sales, no short cuts. the jobs outlook is looking better. access to finance is improving if you want to buy a car. you combine that with the increa
house speaker john boehner called white house efforts to make a deal preposterous. the republican counter we're hearing about which extends the bush tax cuts for everybody including the wealthiest americans won't get washington any closer to a deal. washington's reckless behavior is already having serious economic consequences. i'm going to show you how and make sure you understand the truth about that raising taxes would mean for the economy, but first, set aside the doom and gloom of the...
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john boehner will be with governors plus conduct rallies with small business owners. we don't know if these two sides are going to reach an agreement any time soon and the fiscal cliff is past approaching. >> thank you very much. we are going to keep with the fiscal cliff and take a look at who is talking. charles krauthammer weighing in on the negotiations. the approach on the president and democrats didn't about the economy at all but rather about politics. >> i am not serious at all about entitlements. the president himself said that's where the money is. on social security he denied there is any effect on the deficit at all. durbin said social security hasn't added a dime to the deficit. in 2012 it added $160 billion of debt. that is more than a dime. there are 2.5 trillion in the trust fund in social security that will take care of it for 20 more years, 25 more years. that means pieces of paper in the trust fund where the treasury says we will pay you. it doesn't have the money. it spent surpluss in the past. that's a promise from the treasury which is pank ru ba
john boehner will be with governors plus conduct rallies with small business owners. we don't know if these two sides are going to reach an agreement any time soon and the fiscal cliff is past approaching. >> thank you very much. we are going to keep with the fiscal cliff and take a look at who is talking. charles krauthammer weighing in on the negotiations. the approach on the president and democrats didn't about the economy at all but rather about politics. >> i am not serious at...
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john boehner says this is at a standoff. all sides need to come back to the table at some point to get progress anytime soon. tamron. >> let me bring in congressman chris van hollen. thank you for your time, sir. very busy and saw you on the monday morning program as well. how would you categorize talks right now? is this a true stalemate? >> well, it's only a stalemate because speaker boehner, the republican leader, has not put his proposal on the table. as you know, the president has put his cards on the table. he presented a plan. you can find it on the internet. now it's time for speaker boehner to come forward. i should say that tomorrow in the house of representatives the democrats are going to file what's known as a discharge petition to bring the senate-passed bill that extends middle class tax cuts to the floor of the house for an up or down vote. if we can get 218 signatures, 218, that's a majority, then that senate bill would come to a vote. we could immediately pass the middle class tax cuts, and the president is
john boehner says this is at a standoff. all sides need to come back to the table at some point to get progress anytime soon. tamron. >> let me bring in congressman chris van hollen. thank you for your time, sir. very busy and saw you on the monday morning program as well. how would you categorize talks right now? is this a true stalemate? >> well, it's only a stalemate because speaker boehner, the republican leader, has not put his proposal on the table. as you know, the president...
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john boehner should say we passed this out of the house. let's see harry reid and the democrats pass this out of the senate. bill: i get the impression both sides are miles apart from the deal. and i'm told by smart people i'm dead wrong on that. are you of mind a or mind b, rich? >> i don't think there is a deal sitting there. i think they would have to sit down and negotiate it. bill: kirsten before you address rich's answer, are you in camp "a" or "b." >> they don't have a deal. how can you have a deal when you don't have the republicans making a counter offer. they keep saying where is the serious offer, they want more in terms of cuts. but they haven't really made a counter offer. i find this stuff that the republicans are saying is being counter productive. we are flabbergasted, we laughed eight. what is the point of that. make a counter offer. >> i think they would argue the tax revenues was their counter offer. bill: republicans are saying this was a democratic wish list, not a serious offer. one second. tim geithner from sunday. >>
john boehner should say we passed this out of the house. let's see harry reid and the democrats pass this out of the senate. bill: i get the impression both sides are miles apart from the deal. and i'm told by smart people i'm dead wrong on that. are you of mind a or mind b, rich? >> i don't think there is a deal sitting there. i think they would have to sit down and negotiate it. bill: kirsten before you address rich's answer, are you in camp "a" or "b." >> they...
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john boehner only wants to negotiate with president obama. hes has asked that senate leaders and nancy pelosi be kept away from future talks. even those excluded those say clearing the negotiating room will improve the chance for success. >>> the closely-watch the unemployment report came out -- watched unemployment report came out. it was better than expected. they added 146,000 jobs in november. the unemployment rate fell. coming up -- how this affects the fiscal cliff negotiations. >>> the s.w.a.t. team surrounded an apartment late last night. we don't have any other details, but the s.w.a.t. activity ended around 2:00 a.m. no word if any arrests were made. >>> a labor dispute at oakland international airport could erupt into a full-blown strike during holiday traffic. union members picketed yesterday on behalf of nonunion members who they say have been mistreated. this coincides around one of the busiest times of the year at the airport. >> this is a busy time of year, a lot of passengers coming in and out of the airport, people will appr
john boehner only wants to negotiate with president obama. hes has asked that senate leaders and nancy pelosi be kept away from future talks. even those excluded those say clearing the negotiating room will improve the chance for success. >>> the closely-watch the unemployment report came out -- watched unemployment report came out. it was better than expected. they added 146,000 jobs in november. the unemployment rate fell. coming up -- how this affects the fiscal cliff negotiations....
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host: let's hear from -- we heard from speaker john boehner before. let's hear from the senate majority leader harry reid responding to what has been out there regarding the fiscal cliff talks. this is from yesterday. >> republicans know where we stand. we've said it and said it and said it so many times. the president said the same thing. it's been at least two weeks since we met at the white house and we're still waiting for a serious offer from the republicans. really now is the time for the republicans to move past this happy talk about revenues, ill-defined of course, and put specifics on the table. the president made a proposal. we need a proposal from them. >> the proposal includes $1.6 trillion in new revenues. other proposals out. some deal with unspecified entitle cuts and some spending, there's a write-up in "usa today." we'll show you that during the course of this segment. but that's the proposal as far as it was delivered by the secretary. i suppose more reaction will come today. but we're getting your thoughts on ways to prevent this fr
host: let's hear from -- we heard from speaker john boehner before. let's hear from the senate majority leader harry reid responding to what has been out there regarding the fiscal cliff talks. this is from yesterday. >> republicans know where we stand. we've said it and said it and said it so many times. the president said the same thing. it's been at least two weeks since we met at the white house and we're still waiting for a serious offer from the republicans. really now is the time...
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. >> creating jobs -- >> reporter: president obama and house speaker john boehner spoke on the phone wednesday but publicly are holding firm on their positions. the white house has made clear the country could go over the cliff if republicans refuse to raise taxes on the top 2% of american earners. >> to do that to 98% of the american people, because of an insistence that the wealthiest americans get a tax cut would be profoundly wrong. >> reporter: republican leaders say they will close loopholes and eliminate tax breaks but bush-era tax cuts must be extended to all americans. >> reporter: the standoff and debt concerns ryan. so much so, that he is the guy if the suit dancing gangnam style with former senator alan simpson. the group the can kicks back is working to get young people involved in fixing the debt crisis. >> we are trying to connect with our generation in a different way using humor to hook them in and get them to learn about this issue and understand how it affects their lives. >> reporter: the grassroots campaign wants to sign up more than 2 million people to push pres
. >> creating jobs -- >> reporter: president obama and house speaker john boehner spoke on the phone wednesday but publicly are holding firm on their positions. the white house has made clear the country could go over the cliff if republicans refuse to raise taxes on the top 2% of american earners. >> to do that to 98% of the american people, because of an insistence that the wealthiest americans get a tax cut would be profoundly wrong. >> reporter: republican leaders...
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no doubt about it. >> one of the big problems it seems to me is the relationship between john boehner and barack obama. just seems deeply flawed. they're at a party and they couldn't be bothered to shake hands. this is not the kind of way that adults, politicians, behave, is it, in a civilized society. they should be able to shake hands, be friendly, then get behind closed doors, shout at each other and get a deal done. but these two, they don't seem to have any time for each other at all. that can't help the process. >> well, piers, i wouldn't read too much into the christmas party at the white house. as i think you know, there are long lines to get your pictures taken with the president. speaker boehner has had his picture with the president many times. the president has had his picture with speaker boehner. but look, the important thing as you say is to get everybody together. now, the president's plan is very clear. he spells out exactly how he's going to get the revenue and he's very detailed about the cuts. what we would like to see is a similarly detailed plan from speaker boeh
no doubt about it. >> one of the big problems it seems to me is the relationship between john boehner and barack obama. just seems deeply flawed. they're at a party and they couldn't be bothered to shake hands. this is not the kind of way that adults, politicians, behave, is it, in a civilized society. they should be able to shake hands, be friendly, then get behind closed doors, shout at each other and get a deal done. but these two, they don't seem to have any time for each other at...
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. >> let's listen to what john boehner said this morning. here it is. >> right now, i would say we're nowhere. peri period. we're nowhere. we have put a serious offer on the table by putting revenues up to try to get this question resolved, but the white house has responded with nothing. they have asked for more revenue than they have been asking for the whole time. >> is that a serious offer if it's just talk that they are willing to raise revenues, and if those revenues aren't tax hikes on the top 2% that the president is call iing for? >> it depends on the starleting point versus the end point. for republicans, the issue they are dealing with is they are going to face blame and internal problems no matter what happens. so for them, if they get an offer from the president that they can at least sell as including significant spending cuts or entitlement reform, that when they agree to allow the tax rates go up, they will be grumbling in the party, but there have things we have been asking for and we got that. if way they don't get a deal th
. >> let's listen to what john boehner said this morning. here it is. >> right now, i would say we're nowhere. peri period. we're nowhere. we have put a serious offer on the table by putting revenues up to try to get this question resolved, but the white house has responded with nothing. they have asked for more revenue than they have been asking for the whole time. >> is that a serious offer if it's just talk that they are willing to raise revenues, and if those revenues...
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they said on the call john boehner told the president to leave the tax cuts for the rich alone. the president says he doesn't want to do that. he's going to stick with his plan to raise $1.6 billion in revenue and if republicans have something better they should be specific now. eric cantor said republicans are already going further than they did in the same spot in 2010. >> we have done our part. we have put revenues on the table, something we didn't do two years ago during the debt ceiling negotiations. >> we've seen some positive developments in the last several weeks, in terms of what republicans have been saying about the need for revenue as part of a balanced package. the president will continue to make the case that that is essential. >> reporter: so both sides saying revenue is on the table, now the fight is obviously to figure out where it's going to come from, how the government is going to make more money. democrats want it to come from increased tax rates on the rich, republicans would prefer to make that extra money by reforming the tax code and entitlements. bill:
they said on the call john boehner told the president to leave the tax cuts for the rich alone. the president says he doesn't want to do that. he's going to stick with his plan to raise $1.6 billion in revenue and if republicans have something better they should be specific now. eric cantor said republicans are already going further than they did in the same spot in 2010. >> we have done our part. we have put revenues on the table, something we didn't do two years ago during the debt...
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but house speaker john boehner said he's here, and all ears. >> i'll be available at any moment to sit down with the president if he gets serious about solving this problem. >> reporter: 26 days out and the waiting continues. >> with no solution in sight, the budget office is ordering the pentagon and other federal agencies to finalize their plan for surviving massive spending cuts. danielle lee, news4. >>> the house has now approved a bill giving former presidents and their wives secret service protection for life. under current law, secret service protection lasts only ten years after a president leaves office. supporters argue the change is necessary because of terrorist threats, and the comparative youth of recent presidents. the bill now goes to the u.s. senate. >>> my tweet has been posted. that's what i'm talking about. >> if you send a tweet to the white house twitter account, you might get an answer back from the president himself. the white house released this video of the president answering tweets from americans about the ongoing fiscal cliff negotiations. the white house s
but house speaker john boehner said he's here, and all ears. >> i'll be available at any moment to sit down with the president if he gets serious about solving this problem. >> reporter: 26 days out and the waiting continues. >> with no solution in sight, the budget office is ordering the pentagon and other federal agencies to finalize their plan for surviving massive spending cuts. danielle lee, news4. >>> the house has now approved a bill giving former presidents...
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house speaker john boehner blames the stall made on the obama of ministration. he says that they are not taken republicans seriously with their plan to close loopholes and limit deductions without raising taxes. the democratic controlled senate has already voted to extend the bush does for and comes under too much of a $50,000 and letting the others expire. moody's is predicting that there will be released a short-term deal reached before the end of the year. >> harris said live look from our roof here on van ness avenue in san francisco. you should enjoy today because there is wet weather still on their way. >> we are watching wall street. it u.s. builders boosted construction spending in october of the most of five months, led by housing. strong all sales from ford and chrysler. u.s. manufacturing shrinks to its lowest level since july of 2009, first month after a recession. this is shaving off the gains that we had. >> delta airlines is in talks to buy a 49% stake in virgin atlantic airways. those shares are currently owned by singapore airlines. the mold is
house speaker john boehner blames the stall made on the obama of ministration. he says that they are not taken republicans seriously with their plan to close loopholes and limit deductions without raising taxes. the democratic controlled senate has already voted to extend the bush does for and comes under too much of a $50,000 and letting the others expire. moody's is predicting that there will be released a short-term deal reached before the end of the year. >> harris said live look from...
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john boehner's proposal includes $800 billion in revenue but doesn't specific where it comes from. barack obama has been specific in his plan and look both sides have their plans and there's going to be negotiation, will probably end up somewhere in between. i don't understand why we can't raise tax rates on the top 1% of people if we're going to get to a balanced plan. why should the middle class pay more when we have people at the top who can pay more. >> okay. your experience as cbo director and elsewhere. the argument is being made that capping deductions whatever 25,000, 50,000, is that where the itemized deductions are, it's the upper end people who will pay for that, and that produces revenues without damaging the economic incentives, the economic growth effect of tax rate incentives. now i want to ask you, objectively, is it possible that it will affect the upper end income people without affecting the tax rate. >> you can get there. the president's budget has $600 billion raised that way. what's frustrating about this is the republicans could have gone back with a specifie
john boehner's proposal includes $800 billion in revenue but doesn't specific where it comes from. barack obama has been specific in his plan and look both sides have their plans and there's going to be negotiation, will probably end up somewhere in between. i don't understand why we can't raise tax rates on the top 1% of people if we're going to get to a balanced plan. why should the middle class pay more when we have people at the top who can pay more. >> okay. your experience as cbo...
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in a letter sent to the white house today, speaker of the house john boehner rejected the president's approach, writing that republicans cannot in good conscience agree to this approach which is neither balanced nor realistic. his counter-offer, save $2.2 trillion by among other things raising $800 billion in new revenues. the plan would also raise the future eligibility age for medicare and alter medicaid to save another $600 billion. the republican plan would not increase tax rates for the wealthy. the president is campaigning for his plan, taking questions on twitter today, and releasing this new web video. >> under my plan, first of all, 98% of folks who make less than $250,000, you wouldn't see your income taxes go up a single dime. all right? because you're the ones who need relief. >> ifill: treasury secretary timothy geithner met with congressional leaders last week and pressed the administration's case in a series of talk show appearances this weekend. >> rates are going to have to go up on the wealthiest americans. those rates are going to have to go up. >> there's no possib
in a letter sent to the white house today, speaker of the house john boehner rejected the president's approach, writing that republicans cannot in good conscience agree to this approach which is neither balanced nor realistic. his counter-offer, save $2.2 trillion by among other things raising $800 billion in new revenues. the plan would also raise the future eligibility age for medicare and alter medicaid to save another $600 billion. the republican plan would not increase tax rates for the...
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republican house speaker john boehner also digging in, admitting that talks are going nowhere. speaker boehner also describing the moment when geithner first showed him the president's opening offer. >> i was flabbergasted. i looked at him, i said, "you can't be serious." i've just never seen anything like it. you know, we've got seven weeks between election day and the end of the year. and three of those weeks have been wasted with this nonsense. right now i would say we're nowhere, period. we're nowhere. we've put a serious offer on the table by putting revenues up there to try to get this question resolved. but the white house has responded with virtually nothing. they've actually asked for more revenue than they've been asking for the whole entire time. >> what are the chances we're going to go over the cliff? >> there's clearly a chance. >>> meanwhile, grover norquist making a new prediction should lawmakers fail to reach a deal. >> understand how ugly the next four years are going to get. everything in obamacare that obama didn't want you to focus on or think about, the 9
republican house speaker john boehner also digging in, admitting that talks are going nowhere. speaker boehner also describing the moment when geithner first showed him the president's opening offer. >> i was flabbergasted. i looked at him, i said, "you can't be serious." i've just never seen anything like it. you know, we've got seven weeks between election day and the end of the year. and three of those weeks have been wasted with this nonsense. right now i would say we're...
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more than 100 house members signed a letter they sent to john boehner saying take social security off the table. wolf? >> thanks very much. let's get to the strategy session. joining us, cnn contributor, republican strategist, alex cost tee and owes. also joining us, a clean shaven young man, obama campaign senior adviser david axelrod. >> newly shaven. >> we need to see some id. >> looks very handsome, don't you think? >> younger. >> younger, thinner. get to that in a moment. social security, should that be on the table now or not? >> i think republicans are saying look, let's put everything on the table. some support means testing, if you're above a certain income that maybe you don't need to take social security when we all think the program is going to be in serious trouble down the road. very few people supporting a growing base of people that are on social security. so to keep it strong, maybe it is something we should look at. >> right now? >> right now i think we have more urgent things to do. that's certainly something -- it is something to commit to address down the road. >>
more than 100 house members signed a letter they sent to john boehner saying take social security off the table. wolf? >> thanks very much. let's get to the strategy session. joining us, cnn contributor, republican strategist, alex cost tee and owes. also joining us, a clean shaven young man, obama campaign senior adviser david axelrod. >> newly shaven. >> we need to see some id. >> looks very handsome, don't you think? >> younger. >> younger, thinner. get to...
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. >>> budget talks have resumed between the staff of john boehner and the white house. "wall street journal" says this creates a ne crea breaks a near week long silence as the fiscal cliff looms. they promise to renew the negotiations. and are you earning $250,000, worried about having to pay more tax? you may be able to earn up to $300,000 and not have to hand over more cash to the irs. head to cnbc.com for more. and victor hugo's classic thofl about life, love and hitting the big screen. carolyn went to speak to the stars of the film to find out why the classic story still resonates. ♪ >> i think human truths are human truths and there's also a certain cycle to the world. >> just a look at the world and humanity, and we'll always be moved by a passion for fighting for what we believe in, we've always been moved by love. >> the power of redemption are all themes that transcend time. >> les mis has been performed 10,000 times and seen by 16 people worldwide. and now it's a major motion picture featuring hugh jackman and anne hathaway. so what does it take to transform
. >>> budget talks have resumed between the staff of john boehner and the white house. "wall street journal" says this creates a ne crea breaks a near week long silence as the fiscal cliff looms. they promise to renew the negotiations. and are you earning $250,000, worried about having to pay more tax? you may be able to earn up to $300,000 and not have to hand over more cash to the irs. head to cnbc.com for more. and victor hugo's classic thofl about life, love and hitting...
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john boehner said he can't believe the latest white house proposal. the obama administration insists there's no deal without a tax increase. susan mcginnis is in washington with details this morning. susan, good morning to you. >> reporter: good morning, terrell. it may appear the two sides are nowhere but these talks are expected to pick up dramatically very soon. december is here and as they say here in washington the lawmakers can smell the jet fumes meaning the planes taking them home for their holiday recess. what we're hearing there should be a deal by christmas. the white house is already decorated for the holidays but the mood here in washington is anything but festive. >> i think we're going over the cliff. >> reporter: if congress doesn't act america will ring in the new year with $110 billion in spending cuts and a $500 billion tax increase leaving the average household with a nearly $3,500 hangover. timothy geithner was on the hill last week to present the president's plan to congress. >> i was flabbergasted. >> reporter: president obama w
john boehner said he can't believe the latest white house proposal. the obama administration insists there's no deal without a tax increase. susan mcginnis is in washington with details this morning. susan, good morning to you. >> reporter: good morning, terrell. it may appear the two sides are nowhere but these talks are expected to pick up dramatically very soon. december is here and as they say here in washington the lawmakers can smell the jet fumes meaning the planes taking them home...